Bunker Global Open Directory News
2023-01-24MABUX: Firm upward evolution prevails in Global bunker market on Jan.24.
MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) rose firmly on Jan. 23, the fourth day in a row:
380 HSFO - USD/MT – 494.07 (+10.57)
VLSFO - USD/MT – 719.01 (+13.74)
MGO - USD/MT – 1 071.96 (+24.33)
As of January 23, the MABUX MBP/DBP Index (MDI) (comparison of market bunker prices vs. the MABUX digital bunker price Benchmark) registered no sustainable trend in
underprice premium’s dynamics in the HSFO segment, Rotterdam still as the only underpriced port in the VLSFO segment while both undercharge and overcharge margins slightly down, and Fujairah as the only overpriced port in the MGO LS segment (overcharge down while undercharge up).
We expect Global bunker indices to continue slight upward trend on Jan.24: 380 HSFO – plus 1-5 USD/MT, VLSFO – plus 1-5 USD/MT, MGO LS – plus 8-20 USD/MT.
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